Turkish Gold General Manager Abdurrahman Alp Beyaz: We contribute to our current account deficit and economic policies

Serdar HocamAuthor & Editor

Highlighting the strategic importance of the mining sector for the defense industry and the economy, Turkish Gold General Manager Abdurrahman Alp Beyaz stated that they contribute to reducing the country's current account deficit through domestic production, R&D, and scholarship projects for youth.

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Türk Altın Genel Müdürü Abdurrahman Alp Beyaz: "Cari açığımıza ve ekonomi politikalarımıza katkı sağlıyoruz"

Emphasizing that mining activities hold strategic importance for the defense industry and the economy, Turkish Gold General Manager Abdurrahman Alp Beyaz stated that they contribute to reducing the current account deficit through domestic production, new R&D centers, and scholarship programs provided for young people.

Strategic Importance of Mining

Drawing attention to the value of mining by referencing TEKNOFEST's slogan, Turkish Gold General Manager Abdurrahman Alp Beyaz stated that underground ores cannot be transformed into high technology without being processed.

Emphasizing how vital mining activities are to reach the components of UAVs, armed UAVs, missiles, and rockets, Beyaz noted that they want to bring domestic and national technologies in this field to light.

New R&D Studies

Explaining their plans regarding the commercialization and field use of projects that stood out in the competition, Beyaz announced that they initiated a new R&D center study immediately following the TEKNOFEST partnership.

Stating that the R&D center has started operating, Beyaz expressed that they aim to reflect young people's projects into real life and create new national technologies within the company.

Future Miners Scholarship Program

Explaining that they support young people planning careers in engineering and mining fields, Beyaz announced that they established the Future Miners scholarship program.

He stated that they provide a monthly scholarship of twenty thousand liras to young people who rank high in the university entrance exam, and also provide summer internship opportunities by assigning mentors within the company.

Study Abroad Scholarships

Touching upon the study abroad scholarship projects, the Turkish Gold General Manager conveyed that they sent six students abroad by covering all accommodation, tuition, and living expenses.

He added that these students will be entitled to be employed within Turkish Gold upon returning from abroad.

Economic Policies and Current Account Deficit

Stating that mining is a deep-rooted field that gives its name to eras, Beyaz said that with the Medium-Term Program, the importance of extracting underground wealth has been emphasized with thicker lines.

Expressing that the energy item and gold imports hold serious importance in the current account deficit, Beyaz noted that the more gold and raw materials are produced, the more contribution will be made to the country's economy.

Raw Material of the Defense Industry

Stating that a strong position has been reached in the defense industry, Beyaz emphasized that the minerals which are the raw materials of this industry must now be personally extracted, processed, and transformed into final products.